Sabine Royalty Trust - SBR Stock Forecast, Price & News

Sabine Royalty Trust's stock was trading at $41.68 on January 1st, 2022. Since then, SBR stock has increased by 91.9% and is now trading at $80.00.
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Sabine Royalty Trust saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 32,000 shares, an increase of 196.3% from the October 31st total of 10,800 shares. Based on an average daily trading volume, of 73,400 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.
View Sabine Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our SBR earnings forecast.

Sabine Royalty Trust (NYSE:SBR) posted its quarterly earnings data on Thursday, May, 7th. The energy company reported $0.71 earnings per share (EPS) for the quarter. The energy company earned $11.31 million during the quarter. Sabine Royalty Trust had a trailing twelve-month return on equity of 816.96% and a net margin of 97.08%.

Sabine Royalty Trust declared a monthly dividend on Monday, December 5th. Shareholders of record on Thursday, December 15th will be given a dividend of $1.068 per share on Thursday, December 29th. This represents a $12.82 dividend on an annualized basis and a yield of 16.02%. The ex-dividend date is Wednesday, December 14th. This is an increase from the stock's previous monthly dividend of $0.58.
Read our dividend analysis for SBR.

Sabine Royalty Trust (NYSE:SBR) pays an annual dividend of $6.99 per share and currently has a dividend yield of 8.77%. SBR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for SBR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sabine Royalty Trust investors own include AT&T (T), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Energy Transfer (ET), Wells Fargo & Company (WFC), Main Street Capital (MAIN), Pembina Pipeline (PBA), ARMOUR Residential REIT (ARR), Realty Income (O) and Shaw Communications (SJR).

Sabine Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "SBR."

Sabine Royalty Trust's stock is owned by many different institutional and retail investors. Top institutional investors include King Luther Capital Management Corp (1.07%), Chilton Capital Management LLC (0.33%), Essex Financial Services Inc. (0.25%), Edge Capital Group LLC (0.21%), Oxbow Advisors LLC (0.19%) and Howard Financial Services LTD. (0.17%).

Shares of SBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SBR stock can currently be purchased for approximately $80.00.

Sabine Royalty Trust (NYSE:SBR) has a market capitalization of $1.17 billion and generates $60.91 million in revenue each year.

The company employs 2,020 workers across the globe.

Sabine Royalty Trust's mailing address is PARK PLACE SUITE 850 2911 TURTLE CREEK BOULEVARD, DALLAS TX, 75219. The official website for the company is www.sbr-sabine.com. The energy company can be reached via phone at (855) 588-7839 or via fax at 214-559-7010.